Let Congress Know That It's Time To Pass Startup Act 2.0

from the just-pass-it dept

For years now, we've been pointing out the ridiculous situation that the US has with denying visas to entrepreneurs. Over and over again, research has shown how skilled immigrants starting companies in the US help create new jobs. So we were excited earlier this year when plans for a Startup Act were presented in the Senate. Some aspects of that were taken care of by the JOBS Act, which came a month or so later, but key issues concerning startup visas and entrepreneurs still need to be addressed... and thankfully, Senators Moran, Warner, Coons and Rubio recently introduced the updated Startup Act 2.0. And, yesterday, Representative Michael Grimm, along with seven other House colleagues, introduced a the House version.

There's no way around it. This bill makes sense. In fact, looking around to see if anyone is arguing against the bill, the only thing I could find was a column at HuffPo arguing that Startup Act 2.0 Is Embarrassing. I was curious why the author would think so... and it turns out his reason is that it's embarrassing that we actually need a law for this, in this day and age, when what's in there should have been in place decades ago:

So why do I hate the Startup Act 2.0? Because it's embarrassing.

As a business owner and an American I'm embarrassed that such a fuss is being made over something that has been needed for so long and everyone agrees is necessary. That will clearly help this country over the long term by keeping those people who our own universities educated here, where many of these students want to be, rather than forcing them to leave. As a small business owner it seems so fundamentally right that it's unbelievable that these rules weren't changed decades ago. I hate that.

I also hate that we're celebrating the "bipartisanship" of the proposal. "I would guess that 80 percent of my colleagues in Congress would agree with the visa provisions in this legislation," says one of the bill's sponsors, Senator Jerry Moran. "And what I would encourage is that we not take the attitude or approach that unless we do everything, we can't do anything." With all that Congress has not accomplished during their past few sessions, we're applauding them for agreeing on something so fundamentally obvious and right? And who are the 20% of those that would oppose something like this? I hate that we have elected representatives that actually think this way. It's embarrassing.

And that's why the damn thing just needs to get passed. There's no reason to bicker around it. There's no reason to argue. Congress just needs to pass it.

But, of course, this is Congress that we're talking about, and they might not pass it because actually doing something useful is apparently not in their job description. However, one thing that is clear is that Congress does care about jobs -- and there's no question that startups create jobs. Research has shown that most of the net new jobs in the US have been created by startups over the past few decades. And, Congress is finally waking up and willing to hear from the startup community about what will help them create more jobs.

Our friends over at Engine have created an easy way to contact your representative to let them know that it's time to finally pass this bill and help entrepreneurs create more startups, and help those startups create more jobs. And, while you're at it, you should join Engine, as well, in order to keep on top of these things -- and help get your voice heard by Congress.

I wonder how bills like these have a chance of passing when Congress seems more interested in *stopping* startups at the whim of the entertainment industries with bills like SOPA/PIPA, but -yes-. This needs to be passed. It might restore a little bit of faith I have for the government.

Re: You forget, this is government

They may just make a big argument out of it and then not pass it or they might just try to add the pork on and then not pass it.
even if it passes my opinion of Washington will not change one bit.I will still go on hating this Government.
The next 15 or so years will be very interesting.

The concept being discussed is one that is hard to disagree with, but as with any legislation the devil is always in the details.

For example, one provision that struck me as odd concerns grants to universities in support of tech transfer activities. What this has to do with immigration eludes me, not to mention that it provides additional funding support for Bayh-Dole activities.

Another that struck me as odd is the section regarding "Immigrant Entrepreneurs". In my very general vernacular, it suggests to me that such persons get one bite at the apple, and if it fails (as most startups do) then the person may be shown the door. This does seem a bit shortsighted.

Just my view, but this bill needs to be amended extensively if its "concept" is the ultimate goal. Right now I does seem to fall quite short of the mark.

The concept being discussed is one that is hard to disagree with, but as with any legislation the devil is always in the details.

For example, one provision that struck me as odd concerns grants to universities in support of tech transfer activities. What this has to do with immigration eludes me, not to mention that it provides additional funding support for Bayh-Dole activities.

Another that struck me as odd is the section regarding "Immigrant Entrepreneurs". In my very general vernacular, it suggests to me that such persons get one bite at the apple, and if it fails (as most startups do) then the person may be shown the door. This does seem a bit shortsighted.

Just my view, but this bill needs to be amended extensively if its "concept" is the ultimate goal. Right now I does seem to fall quite short of the mark.

Re:

A lot of immigrants work as research students or research professors in the Universities. When they patent ideas based on research money gained while working in the university, the University also owns the patent.
Now most universities have tech transfer offices to facilitate forming new business with the patents or enabling existing business to license the patents. But not all universities have tech transfer offices.
Sounds like this bill helps with that situation which should definitely be helpful.
Note this is not a pure immigration bill, it is a small business start up creation bill. Immigrant students and researches happen to create a lot of patents and new ideas, hence the inclusion of immigration issues.

Re:

Yes, there are obviously some here who do not like Mr. Masnick being criticized, but for a site that espouses "free speech" the ability to have a comment flagged, and thus hidden, cuts in the opposite direction.

Re: Re: Re:

Re: Re:

I think that while we've all agreed that as much as severely punishing people for being assholes is uncalled for, free speech is not a licence to be a jerk and make blanket, unsupported accusations. Flagging comments is merely what such people deserve.

Re: Re:

Yes, there are obviously some here who do not like Mr. Masnick being criticized

Criticize him all you like. Bring supporting information and be eloquent and I might agree with you. Make it a pointless and personal attack with no value and I reserve the right not to have to look at it. I'd love to have a treeing function that would allow the collapse of a whole thread or sub-thread so I can skip some of the pointless off-topic arguments sometimes. It's not like the comments get removed so "free speech" is hardly being stifled is it? Look, it's right there available at the click of a mouse just like happens on many forum systems with threads. To paraphrase someone else here, because you have a right to espouse a different opinion doesn't mean you have the right to say anything you want without consequence.

Re: Re: What it actually is

a Startup Act

Sadly, even if this bill is passed, startup companies will still have a bumpy road. Until we address the problem of blood-sucking-patent-troll/extortionist/parasites, new businesses will be smothered long before they can grow to become stable employers.

Lodsys, Intellectual Vultures...er...Ventures, Mosaid, etc., will suck the life out of their victims in the cause of protecting IP (Intellectual Poverty?).

The US Patent Office, and the Courts in the Eastern District of Texas have a lot to answer for, and no progress will be made until the current patent mess is resolved.

Encouraging entrepreneurs from other countries to start new businesses in the US is like inviting lambs to lunch with the Wolves.

Re: a Startup Act

They own the patent, they own the complete right to earn license money on the patent as well. I own one patent and hope to have one more soon. If a company commercializes a product based on my patent, I would prefer they strike a licensing deal with me and pay royalties, because its I came up with the idea and was granted a patent for it...

This being a "private" site, the First Amendment obviously is not applicable.

Nevertheless, for a site that literally screams "You can't do that. It is a violation of free speech and clearly censorship.", the inclusion of the noted feature on the site does seem to be somewhat hypocritical.

Just like one can always change a channel or refuse to read a screed, the very same ability pertains here.

It may not be First Amendment censorship, but it is censorship nonetheless.